61520 — Fulton County, Illinois Market Snapshot
Housing market data for zip code 61520 in Fulton County, Illinois. Updated monthly with median prices, days on market, and more.
Market Sales Data
64 sales in 2026 (year to date)
Median Sale Price
$123,750
Days to Sell
45
Homes Sold
64
Inventory
58
Sale-to-List
95.1%
New Listings
85
Price/SqFt
$85
Pending Sales
72
Conforming Loan Available
Most homebuyers in 61520 can comfortably use conventional financing. The median home price of $123,750 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
61520's market is balanced with homes taking an average of 45 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
The average home in 61520 sells for 4.9% below asking price (95.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 61520 can comfortably use conventional financing. The median home price of $123,750 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 61520 are set at the county level.
2026 Loan Limits — Fulton County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 61520
To purchase the median home at $123,750 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,098.
Monthly Payment
$1,098
Income Required
$47,063
Principal & Interest
$763/mo
Down Payment (5%)
$6,188
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 61520.
Estimated Monthly Payment
$916
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